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Source: Supplied, ASIC
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Prime Value Asset Management sees AFSL suspended

by Laura Dew
July 17, 2026
0

ASIC has suspended the AFSL of Prime Value Asset Management Limited for several weeks after the firm failed to meet its audit and reporting lodgement obligations. Based in Melbourne, the firm was co-founded in 1998 by chief executive Yak Yong Quek, initially as a family office before becoming a broader fund manager. Together with sister company Shakespeare Property Group, it manages around $3 billion across asset...

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